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2011 (5) TMI 98 - DELHI HIGH COURTUnder section 40(C) - Disallowance of Rs.3,65,000/- in respect of the payments made to five directors of the company in excess to the limit of Rs.72,000/- Held that: the commission paid to the directors cannot be said to be remuneration as contemplated by section 40(c) of the Act. [Re. 2008 -TMI - 32204 - DELHI HIGH COURT- Decided in favor of assessee.
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